Her sprawling pad countryside home is said to be £100,000 in mortgage arrears with a £25,000 a year heating bill. Katie was even snapped mowing her own lawn as her cash troubles worsened.

The Home Staging Association’s Director, Paloma Harrington-Griffin told the Mirror: "Katie Price’s house in Sussex would benefit from a combination of extreme and expensive as well as straight-forward and practical improvements."

The extra time to thrash out an agreement over her finances would come as a huge relief to Katie, 40, who was once known for being the nation’s savviest businesswomen.

She raked in £6.2million from a string of reality shows in her 2000s heyday and £3.5million for an Asda lingerie collection.

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It came after she revealed she had reported herself to police for violating a driving ban, handed to her in February after she was caught speeding.

Price, formerly known as Jordan, has tied the knot three times and has recently been in the headlines following the collapse of her most recent marriage to Kieran Hayler.

She has also recently revealed her mother Amy Price has been diagnosed with idiopathic pulmonary fibrosis - the same disease which killed Keith Chegwin.

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